Hokie homes are defined as properties that Virginia Tech Alumni and supporters buy to have a home to use when returning to the area for University functions and/or sporting events. These properties can be second homes or future retirement homes. They can vary from condos or townhomes right up to luxurious single family homes.
Student homes are defined as properties that parents purchase for their son(s) or daughter(s) to live in while attending Virginia Tech or Radford University. Not only can there be tax savings from the interest deductions but also the rental of extra bedrooms to other students will help with your mortgage payment. Parents of students can often build equity in a second rental home and reduce the cost of their student’s housing while at college.
The NRV Team has over 43 years combined real estate experience in the New River Valley. We provide old fashioned service with a high tech edge. Contact us for confidential advice and recommendations.